High Tide: From Jack Johnson To A U.K. Money-Laundering Sweep

A roundup of corruption-related news from Dow Jones and other sources.

Bribery:

Mike Lucas

Former Prince George’s County, Md. County Executive Jack Johnson pleaded guilty to charges of extortion, evidence- and witness-tampering, admitting to taking $400,000 in bribes beginning in his first days in office. More here, here and here. (Washington Post, Crime Scene, DCist, WTOP)

As the IRS crusades against Americans hiding money offshore, Latin American tax cheats flock to U.S. banks. (iWatchNews)

Sanctions:

The U.S. and Europe said they’re preparing new sanctions against Syria. Secretary of State Hillary Clinton and E.U. foreign policy chief Catherine Ashton met Tuesday and discussed it. (AP, State Dept. blog)

A panel set up by Bangladesh to offer partial amnesty for information on corruption has been ruled illegal by the country’s Supreme Court. (BBC)

Colombia’s ambassador to Venezuela resigned after acknowledging that he had had previous business dealings with a construction firm now linked to a major corruption scandal. More here. (Dow Jones Newswires, Colombia Reports)

The U.N. Security Council extended the mandate of the panel monitoring sanctions against those obstructing the peace process in Sudan’s Darfur region. (UPI)

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Corruption Currents, The Wall Street Journal’s corruption blog, digs into the ever-present and ever-changing world of corporate corruption. It is a source of news, analysis and commentary for those who earn a living by finding corruption or by avoiding it. Corruption Currents is written by Christopher. M. Matthews and Sam Rubenfeld and edited by Nick Elliott.

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